Union Bank Dividends and Buybacks
Dividend criteria checks 2/6
Union Bank is a dividend paying company with a current yield of 9.62%.
Key information
9.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳0.500 |
| Payout ratio | 134% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, UNIONBANK has been paying a dividend for less than 10 years.
Growing Dividend: UNIONBANK's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Union Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UNIONBANK) | 9.6% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.3% |
| Industry Average (Banks) | 5.1% |
| Analyst forecast (UNIONBANK) (up to 3 years) | n/a |
Notable Dividend: UNIONBANK's dividend (9.62%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: UNIONBANK's dividend (9.62%) is in the top 25% of dividend payers in the BD market (4.3%)
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (133.5%), UNIONBANK's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.